Bitcoin BTC/USD are traded at the level of 19169 and continue to move within the framework of growth. At this point, we should expect an attempt to test the lower border of the channel near the area of 18500. Again, we should expect a rebound and the continued growth of the Bitcoin rate with a target above 20800.
Bitcoin BTC/USD forecast on December 18, 2017
In favor of the growth of the BTC/USD quotations, a support line test will be performed on the relative strength index (RSI). Cancellation of the variant of growth will be the fall and breakdown of the area 18100, which will indicate the outflow of quotes outside the channel and the continuation of the fall of BTC/USD below the level of 15600. With the breakdown of the level of 19500, we expect to accelerate the growth of the cryptocurrency.
Bitcoin BTC/USD forecast on December 18, 2017 assumes an attempt to test the level of 18500 and continue growth in the area above the level of 20800, an additional signal for the growth of the Bitcoin will be a test of the support line on the indicator of relative strength index (RSI).
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